Correct Craft acquires SeaArk Boats
Correct Craft is entering the aluminum fishing boat market, announcing the acquisition of SeaArk Boats Monday.
Correct Craft said it plans to continue manufacturing SeaArk at its facility in Monticello, Arkansas.
SeaArk Boats’ prior owner and member of its founding family, Robin McClendon said, “After 58 years in the marine industry, it is a bittersweet decision for the McClendon family to exit the recreational boat building business, but we believe that we have found the right owner in Correct Craft. SeaArk Boats is successful today because of the many dedicated and talented team members who have worked hard to help our company thrive. I am very grateful to have worked alongside these people and I know that our team members, as well as our legacy, are in good hands with the Correct Craft team!”
It is the latest of several acquisitions by Correct Craft over the past two years, including PCM and Crusader in October 2014, Bass Cat and Yar-Craft in March 2015 and the Supreme and Centurion lines in June 2015.
“SeaArk Boats is an outstanding company with a strong brand, great reputation, and exceptional team; we could not be happier to have them joining the Correct Craft family,” said Bill Yeargin, Correct Craft’s president and CEO. “The McClendon family have done a wonderful job for decades and we are honored that they would trust their brand, legacy, and employees to Correct Craft. We are thrilled to work together with the SeaArk team in Monticello to continue to grow the company.”
SeaArk has always had a reputation for overbuilding boats.My 2013 SeaArk is a perfect example of that,will handle the worst conditions with ease.I sure hope Correct Craft doesn’t cheapen up the operation.
So is my 2001 1548DK. Just simply a great boat that will likely never be made again. Big corps mean well, but they always screw it up for the sake of higher returns each quarter, until all that matters is the shareholder – without much regard for the employee and customer. The sign of a truly great corp CEO is one who fairly balances the interests of the customer, employee and shareholder (owner) ver the long-haul.
But, a CEO of a publicly held corp has to feed an ever growing “tiger” each quarter – the shareholder. When he cannot feed it anymore, he is consumed by it, along with the employees and the customer. Then, a new company springs up because of the void. The cycle then repeats itself once again…….. from inception to sell-out. I hope Robin is in the thick of it for the long haul. Great person whom I greatly admire from my perspective as a former SeaArk dealer.
Mike Durhan
Formerly of Pensacola, FL